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Scottish engineering firm Weir Group has acquired Vancouver-based mining technology company Motion Metrics for £89 million (approximately $150 million). Motion Metrics will become Weir's global centre for excellence in AI and machine vision technology.
Motion Metrics closed a major sale to a large South African iron ore mine for five new ShovelMetrics systems for P&H rope shovels and additions to existing systems on Liebherr hydraulic shovels, including missing tooth detection, fragmentation analysis, and blind spot monitoring.